NOV Earnings

NOV reported its earnings on 2026-02-04, showcasing a revenue of 2.28B against an estimate of 2.17B, resulting in a 4.93% surprise. The EPS was 0.02, surpassing the expected 0.25 by -92%. The stock experienced a -5.88% price change on the earnings day and a -4.18% change over the next five days, reflecting market reactions to the results.

Following NOV's earnings announcement on 2026-02-04, the stock price moved by -5.88% on the day of the release. Over the subsequent five days, it saw a -4.18% change. Historically, NOV's stock price tends to shift by an average of -0.47% in the 10 days leading up to earnings and 0.38% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate NOV's annual revenue to reach 2.05B, while the EPS is projected at 0.23. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates revised downward by -0.01% over the past three months, indicating analyst expectation in the company's performance.

The correlation between NOV's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved revised downward by -0.01%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, NOV's stock price typically moves by -0.47% in the 10 days before its earnings and 0.38% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.23 and revenue of 2.05B.

The earnings report presents mixed signals. While NOV achieved strong operational execution and improved cash flow, it faces challenges like declining revenue, net loss, and market softness. The Q&A reveals optimism in offshore opportunities and cost-saving initiatives, but concerns about tariffs and limited deepwater asset reactivation persist. The company's strategic focus on M&A and technological advancements may offer future growth. Overall, the sentiment is balanced with both positive and negative aspects, leading to a neutral prediction for stock price movement.